‘massively taxing’ its systems"

Jul 29, 2025 0 Replies

Title of the article is: "JPMorgan says fintech middlemen like Plaid are ‘massively taxing’ its systems"



"JPMorgan, the biggest U.S. bank by assets, is preparing to charge the middlemen new fees for access to systems that it says are increasingly costly to maintain. Negotiations between JPMorgan and the fintech middlemen are ongoing, but the new fees could start as soon as October, said people with knowledge of the matter."



So perhaps we'll soon see where we can not aggregate without a charge from certain FIs when doing a OSU......bummer!



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